JD.com Announces USD 5 Bln New Share Repurchase Program

JD.com, 8/27/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that its board of directors (the "Board") has approved a new share repurchase program (the "New Share Repurchase Program"), effective from September 2024. Pursuant to the New Share Repurchase Program, the Company may repurchase up to USD 5.0 bln worth of its shares (including ADSs) over the next 36 months through the end of August 2027.

The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.

Keywords: e-commerce Internet B2C JD.com JD 9618.HK financing

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